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International Business Times
International Business Times
Business
Marvie Basilan

Michael Saylor Under Fire For 'Chaos Is Good For Bitcoin' Remark After Iran's Israel Attack

Michael Saylor Bitcoin Iran Israel MicroStrategy United States
Michael Saylor's words are usually gold in the crypto community, but this time, his comment on "chaos" isn't aging very well. (Credit: YouTube Screenshot/ MicroStrategy Official YouTube Chanel)

KEY POINTS

  • One user called out the tech titan for being "insensitive" amid the Middle East conflict
  • Another user said he would gladly take profits, but not at the expense of war
  • Bitcoin slid 7.7% Saturday, as Iran rained dozens of rockets and drones toward Israel

MicroStrategy founder and executive chairman Michael Saylor has been called out by his followers on X (formerly Twitter) after he made a statement regarding "chaos" and its impact on Bitcoin after Iran's missile and drone barrage toward Israel.

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